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Showing 861 - 870 of 7371 results for "System"

Equity Trustees hit with fine by APRA

ELIZA BAVIN  |  WEDNESDAY, 5 JUN 2024
The Australian Prudential Regulation Authority (APRA) has fined Equity Trustees Superannuation $782,500 for failing to meet its legal obligations to report data to APRA. EQT breached the requirements of the Financial Sector (Collection of Data) Act ...

Broken promises leave survivors in the lurch

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
... financial services Kelly O'Dwyer, who decried how, for too long, perpetrators of horrific crimes have manipulated the system to shield their super assets from victims. "... our government's full efforts are behind making sure that perpetrators ...

Australian Ethical updates investment guide

ELIZA BAVIN  |  TUESDAY, 4 JUN 2024
Australian Ethical has updated its guide to ethical investing with several additions to further clarify what it considers before making an investment. The super fund added a list of positive and negative factors it considers in developing its criteria ...

Super Members Council appoints inaugural chair

JAMIE WILLIAMSON  |  MONDAY, 3 JUN 2024
... a director of ING Group and ING Australia, Rugby Australia and the Australian Sports Commission. "Australia's super system is the envy of the world, and we are now beginning to see it bear fruit as more Australians retire with more super giving them ...

APRA warns entities on adequacy of backup systems

JAMIE WILLIAMSON  |  MONDAY, 3 JUN 2024
APRA has reminded its regulated entities of the need to remain vigilant when it comes to cyber resilience, identifying the use of data backups as a weak spot. In a letter to all APRA-regulated entities, the regulator highlighted areas of weakness that ...

How much do you need to retire in Australia?

ANDREW MCKEAN  |  WEDNESDAY, 29 MAY 2024
... household budgets and added that ongoing inflationary pressure has reinforced the need for Australia's strong superannuation system. She said the superannuation system is designed to ensure retirees can achieve a dignified lifestyle in their post-work ...

APRA hits Mercer with additional licence conditions

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
The Australian Prudential Regulation Authority (APRA) has imposed additional licence conditions on Mercer Super to ensure it addresses risk management and compliance management deficiencies identified by the regulator. The risk management and compliance ...

Aware Super hires head of corporate development

JAMIE WILLIAMSON  |  FRIDAY, 17 MAY 2024
... welcome Craig into this new role, which will set new benchmarks for the industry to follow through our leading administration system which is reimagining retirement in this country for all Australians." For his part, Stevens said: "Within the Australian ...

Liberals respond to Federal Budget

ANDREW MCKEAN  |  FRIDAY, 17 MAY 2024
... took aim at what he views as a "renewables only" energy policy, asserting that while renewables have a role in the energy system, they can't be solely relied upon due to their "weather-dependent" nature. Dutton suggested that to achieve affordable ...

Macquarie Asset Management launches low-cost active ETFs

ANDREW MCKEAN  |  THURSDAY, 16 MAY 2024
Macquarie Asset Management (MAM) has launched two ultra low-cost systematic active ETFs on the ASX that seek to enhance returns over index performance. The ETFs will endeavour to outperform the index by combining data science and human intelligence. ...